Mead Johnson Nutrition Co., the unit of Bristol-Myers Squibb Co. that is being spun off as a separate company, is considering moving its headquarters out of Evansville.
Mead Johnson, which makes Enfamil and other baby food products, wants better access for international travel, according to the Evansville Courier & Press.
About 40 to 60 employees would be based in the new office, which might be located in Chicago. Those workers would be mostly new hires.
Most of the 1,500 employees now in Evansville would remain. Mead Johnson has approximately 5,000 employees who generate $2.6 billion in annual sales.
New York-based Bristol-Myers said earlier this month that it plans to go ahead with plans announced in April to offer 10 to 20 percent of Mead Johnson in an initial public offering.